Morgan Stanley Raises Parker-Hannifin Price Target to $1,038 from $945
Morgan Stanley lifted Parker-Hannifin’s target to $1,038 from $945, maintaining an Equal Weight rating after updating its model with actual fiscal results. Parker’s fiscal 2025 Sustainability Report titled “Purpose in Motion” highlighted safety initiatives, cleaner technologies and community involvement aimed at reducing emissions, water use and waste.
1. Price Target Revision
On February 24, Morgan Stanley raised its price target on Parker-Hannifin to $1,038 from $945, citing updated fiscal results. The firm maintained an Equal Weight rating after rolling forward its estimates and adjusting its valuation model to reflect actual performance.
2. Sustainability Report Highlights
Parker-Hannifin released its fiscal 2025 Sustainability Report, “Purpose in Motion,” on February 9. The report emphasized employee safety programs, partnerships to develop cleaner technologies and initiatives to lower emissions, water usage and waste while strengthening community engagement through philanthropy and volunteer work.
3. Business Segments and Strategy
The company operates through two core segments—Diversified Industrial and Aerospace Systems—designing and manufacturing engineered solutions in motion and control technologies. Its aftermarket support services complement product offerings and aim to drive operational efficiency and long-term growth.